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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars#
Gate has released its latest Proof of Reserves report! As of June 2025, the total value of Gate’s reserves stands at $10.453 billion, covering over 350 types of user assets, with a total reserve ratio of 123.09% and an excess reserve of $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
DDC Enterprise plans to raise $528 million to accelerate its Bitcoin financial strategy.
Gate News bot reports that DDC Enterprise Limited (NYSE: DDC) announced today that it has signed three securities purchase agreements, with total proceeds of up to $528 million after deducting placement agent fees and issuance costs. Investors include Anson Funds, Animoca Brands, Kenetic Capital, QCP Capital, and a group of institutional funds and individual Bit investors. Almost all of the raised funds will be used to expand the company's Bitcoin reserves, which is expected to accelerate DDC's mission to create one of the most valuable corporate Bitcoin assets.
Source: Business Wire